ATN International Stock Forecast - Double Exponential Smoothing

ATNI Stock  USD 20.30  0.30  1.50%   
The Double Exponential Smoothing forecasted value of ATN International on the next trading day is expected to be 20.03 with a mean absolute deviation of 0.71 and the sum of the absolute errors of 41.94. ATN Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ATN International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The ATN International's current Inventory Turnover is estimated to increase to 26.58. The ATN International's current Payables Turnover is estimated to increase to 3.67. The current Common Stock Shares Outstanding is estimated to decrease to about 14.5 M. The ATN International's current Net Loss is estimated to increase to about (4.8 M).
Double exponential smoothing - also known as Holt exponential smoothing is a refinement of the popular simple exponential smoothing model with an additional trending component. Double exponential smoothing model for ATN International works best with periods where there are trends or seasonality.

ATN International Double Exponential Smoothing Price Forecast For the 22nd of November

Given 90 days horizon, the Double Exponential Smoothing forecasted value of ATN International on the next trading day is expected to be 20.03 with a mean absolute deviation of 0.71, mean absolute percentage error of 1.90, and the sum of the absolute errors of 41.94.
Please note that although there have been many attempts to predict ATN Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ATN International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ATN International Stock Forecast Pattern

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ATN International Forecasted Value

In the context of forecasting ATN International's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. ATN International's downside and upside margins for the forecasting period are 15.40 and 24.67, respectively. We have considered ATN International's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
20.30
20.03
Expected Value
24.67
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of ATN International stock data series using in forecasting. Note that when a statistical model is used to represent ATN International stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information CriteriaHuge
BiasArithmetic mean of the errors 0.1865
MADMean absolute deviation0.7109
MAPEMean absolute percentage error0.0281
SAESum of the absolute errors41.9411
When ATN International prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any ATN International trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent ATN International observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for ATN International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ATN International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
15.7720.4025.03
Details
Intrinsic
Valuation
LowRealHigh
18.2726.7031.33
Details
Bollinger
Band Projection (param)
LowMiddleHigh
18.1020.3722.63
Details
2 Analysts
Consensus
LowTargetHigh
43.0747.3352.54
Details

Other Forecasting Options for ATN International

For every potential investor in ATN, whether a beginner or expert, ATN International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ATN Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ATN. Basic forecasting techniques help filter out the noise by identifying ATN International's price trends.

ATN International Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ATN International stock to make a market-neutral strategy. Peer analysis of ATN International could also be used in its relative valuation, which is a method of valuing ATN International by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ATN International Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ATN International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ATN International's current price.

ATN International Market Strength Events

Market strength indicators help investors to evaluate how ATN International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ATN International shares will generate the highest return on investment. By undertsting and applying ATN International stock market strength indicators, traders can identify ATN International entry and exit signals to maximize returns.

ATN International Risk Indicators

The analysis of ATN International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ATN International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting atn stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether ATN International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ATN International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atn International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atn International Stock:
Check out Historical Fundamental Analysis of ATN International to cross-verify your projections.
For more detail on how to invest in ATN Stock please use our How to Invest in ATN International guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATN International. If investors know ATN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATN International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Dividend Share
0.96
Earnings Share
(2.80)
Revenue Per Share
48.867
Quarterly Revenue Growth
(0.07)
The market value of ATN International is measured differently than its book value, which is the value of ATN that is recorded on the company's balance sheet. Investors also form their own opinion of ATN International's value that differs from its market value or its book value, called intrinsic value, which is ATN International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATN International's market value can be influenced by many factors that don't directly affect ATN International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATN International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATN International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATN International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.